Why the Stock Just Got Downgraded.© Getty Images Paramount said after Friday’s closing bell that it expects to close its merger with Skydance Media on Aug. 7.© Mario Tama/Getty Images ...

In just under two weeks, Paramount Global will complete its takeover by the smaller Skydance Media to form “Paramount Skydance Corp.” — and bringing a rollercoaster M&A ride to its ...

Paramount stock initially inched up on the news, but then reversed gains to ultimately close 1.6% lower on Friday. However, it’s still up some 30% versus its year-to-date low at the time of writing.

After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8-billion merger with Paramount Global, leading to sweeping ...

Under the two-step deal, Skydance is set to acquire controlling shareholder Shari Redstone’s holding company National Amusements, which controls 77.4% of the Paramount Class A common stock ...

NEW YORK -- Federal regulators on Thursday approved Paramount's $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.

Up next: widespread whacking. Ellison’s deal proposal called for a merger of Skydance and Paramount that would enable a massive $2 billion in cost savings.

However, the Skydance-Paramount drama is hardly over. Skydance – and the rest of the media world – can expect a whole lot more turbulence in the skies ahead.

Paramount and Skydance announced Friday that, with the Trump administration’s approval, the highly anticipated merger between the entertainment giants is expected to take place next month. The ...

David Ellison’s Skydance Media has unveiled its leadership structure for Paramount, beginning a shake-up as the Shari Redstone era winds to a close. Ellison will become chairman and chief ...

Based on the newly formed company Paramount Skydance Corp., the former "CBS Evening News" anchor suggested the network she was a part of could lose all of its independence.